BNY Mellon Investment Management is one of the world’s leading investment management organizations and one of the top U.S. wealth managers.* Our business encompasses BNY Mellon’s affiliated investment management firms, wealth management services, and global distribution companies. We combine the scale of a full-service investment manager with the focused expertise of autonomous investment boutiques, each with their own style, strategy and management team. Please visit the Investment Management site to learn more.

NEW YORK, Dec. 21, 2017 /PRNewswire/ -- BNY Mellon Investment Management announces the recent launch of Dreyfus Global Multi-Asset Income Fund, which began offering its shares on November 30, 2017 (the "Fund"). The Fund uses an actively managed global multi-asset strategy that focuses on income generation.

BNY Mellon's Dreyfus Corporation serves as the investment adviser of the Fund and Newton Investment Management (North America) Limited ("Newton") serves as the Fund's sub-investment adviser.1Paul Flood and Bhavin Shah are the Fund's primary portfolio managers. Mr. Flood, the Fund's lead portfolio manager, is the lead manager of Newton's global multi-asset income and multi-asset diversified return strategies. He joined Newton in 2006. Mr. Shah is an investment manager on the multi-asset team at Newton. He joined Newton in June 2011.

"With the launch of Dreyfus Global Multi-Asset Income Fund, we see the potential for U.S. investors to capture attractive income streams globally, while diversifying risk through Newton's multi-asset, active approach," said Joe Moran, Head of Distribution, The Dreyfus Corporation, A BNY Mellon company . "Across the investment landscape we are seeing a shift away from one asset class products focused on a single region in favor of products that invest across the full spectrum of asset classes, and we are responding to that demand with what we believe are our 'best-in-breed' boutique offerings."

Newton allocates the Fund's investments across asset classes seeking to construct a diversified portfolio focused on income generation, while maintaining the potential for long-term capital appreciation and managing the risk profile of the Fund's portfolio of investments. Newton allocates the Fund's investments among equity and equity-related securities, debt and debt-related securities, and, generally to a lesser extent, real estate, commodities and infrastructure in developed and emerging markets. The Fund seeks to gain exposure to various asset classes principally through direct investments in securities, but the Fund also may use derivative instruments and investments in other investment companies, including exchange traded funds, and real estate investment trusts for such exposure.

"Investors need investment options that can deliver not only a current income stream, but that take a long-term approach to capital appreciation. We see Dreyfus Global Multi-Asset Income Fund, which aims to provide current income while maintaining the potential for long-term capital appreciation, as an opportunity that can provide for both needs," said Paul Flood. "The Fund draws upon Newton's strong heritage of managing multi-asset portfolios, deep experience across global markets and rigorous fundamental analysis to unearth our highest-conviction ideas for investors."

The Fund offers Class A (DRAAX), Class C (DRACX), and Class I (DRAIX) shares with a minimum initial investment of $1,000. The Fund also offers Class Y (DRAYX) shares generally with a minimum initial investment of $1,000,000. Additional information regarding the Fund can be found on Dreyfus' website at www.dreyfus.com.

About Dreyfus

As part of BNY Mellon Investment Management, Dreyfus is an asset management company that provides individuals, financial advisors, and institutional clients with investment solutions in the U.S. The firm accesses a broad range of investment solutions from BNY Mellon's global network of world-class investment managers, which includes asset classes spanning global, international and domestic equity, fixed income, alternatives, retirement and cash management strategies. Dreyfus offers 150 mutual funds with AUM of $320 billion across long only and money market strategies as of September 30, 2017. The firm originated in 1951 as one of the first mutual fund investment companies.

About Newton Investment Management

Newton is a London-based global investment management subsidiary of The Bank of New York Mellon Corporation. With assets under management of £55.0 billion ($73.7 billion) as of 30 September 2017, including assets managed by Newton Investment Management Limited as dual officers of Newton Investment Management (North America) Limited and The Bank of New York Mellon, Newton's group of affiliated companies provides investment products and services to a wide range of clients, including pension funds, charities, corporations and (via BNY Mellon) individuals. Newton is an affiliate of Dreyfus. News and other information about Newton is available at www.newton.co.uk and via Twitter: @NewtonIM.

About BNY Mellon Investment Management

BNY Mellon Investment Management is one of the world's leading investment management organizations and one of the top U.S. wealth managers, with $1.8 trillion in assets under management as of September 30, 2017. It encompasses BNY Mellon's affiliated investment management firms, wealth management services and global distribution companies. BNY Mellon Investment Management is a division of BNY Mellon, which has $32.2 trillion in assets under custody and/or administration as of September 30, 2017. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Additional information is available on www.bnymellon.com. Follow us on Twitter @BNYMellon or visit our newsroom at www.bnymellon.com/newsroom for the latest company news.

SOURCE BNY Mellon Investment Management

Investors should consider the investment objectives, risks, charges, and expenses of a mutual fund carefully before investing. Contact a financial advisor or visit Dreyfus.com to obtain a prospectus, or summary prospectus, if available, that contains this and other information about the fund, and read it carefully before investing.

Risk:Equities are subject to market, market sector, market liquidity, issuer, and investment style risks to varying degrees. Bonds are subject to interest rate, credit, liquidity, call and market risks, to varying degrees. Generally, all other factors being equal, bond prices are inversely related to interest-rate changes and rate increases can cause price declines. High yield bonds involve increased credit and liquidity risk than higher rated bonds and are considered speculative in terms of the issuer's ability to pay interest and repay principal on a timely basis. Currencies are can decline in value relative to a local currency, or, in the case of hedged positions, the local currency will decline relative to the currency being hedged. These risks may increase fund volatility. Real estate investment trusts are subject to risk, such as poor performance by the manager, adverse changes to tax laws or failure to qualify for tax-free pass-through of income. Commodities contain heightened risk including market, political, regulatory, and natural conditions, and may not be suitable for all investors. Derivatives and commodity-linked derivatives involve risks different from, or possibly greater than, the risks associated with investing directly in the underlying assets. Derivatives can be highly volatile, illiquid, and difficult to value and there is the risk that changes in the value of a derivative held by the portfolio will not correlate with the underlying instruments or the portfolio's other investments. Commodity-linked derivative instruments may involve additional costs and risks such as commodity index volatility or factors affecting a particular industry or commodity, such as drought, floods, weather, livestock disease, embargoes, tariffs and international economic, political and regulatory developments.

1 "Newton" and/or the "Newton Investment Management" brand refers to the following group of affiliated companies: Newton Investment Management Limited, Newton Investment Management (North America) Limited (NIMNA Ltd) and Newton Investment Management (North America) LLC (NIMNA LLC). NIMNA LLC personnel are supervised persons of NIMNA Ltd and NIMNA LLC does not provide investment advice, all of which is conducted by NIMNA Ltd. NIMNA LLC and NIMNA Ltd are the only Newton companies to offer services in the U.S.